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tv   [untitled]    October 21, 2012 10:30pm-11:00pm EDT

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connexions also wrong so we have to ask again who benefits from the state of affairs is there a chance though that we could see a champions league monetary union created with the likes of germany austria the netherlands and other countries with underneath that a second tier of monetary union there's some proposals out there to really split the euro into a northern europe to solve a neuro southern euro or. there are some proposals out there to really split the eurozone into another and so on and the southernmost zone but that's not really working that will not work for political reasons you cannot split france and germany then france will be really let's say insulted that's just not politically feasible if you do that then you might as well get rid of the euro completely so france would have to stay in the champions league and so that by definition would be very difficult in that sense. and also who's going to lead the size and who's going to be the point around which they will rally so the mind boggling the
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problems around negotiation team such an arrangement getting countries on board for the much more flexible and also i think sufficient approach at this time is to have individual countries opt out if they just cannot comply was current policies and of course greece should leave rather today. and not tomorrow because it's really clear the policies are not working we're really having an austerity program which puts the country deeper into difficulty is the g.d.p. is shrinking people are suffering the only people who are saving is the financial elite is the oligarchy that has been ruling greece for about two centuries because we save the banks so we save the banks and the creditors at the cost of the people and that's not right so you saying that it would be better for greece to leave the euro take extreme hardship for say a generation and then benefit in the long term it would be extreme hardship but we
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do have extreme hardship right now also i'm not sure how much more extreme it can get and would not be a generation or in my in my projection would be about five years three to five years and of course if they leave the euro zone. the european countries should stay solidary they should give. measured aid they should give support project the. should supports a bang so we're it's not the end of european solidarity but it would just be a healthy arrangement now looking at some of your work you seem to suggest that there's a problem with the german mentality when it comes to taking things forward economically . yes i mean some of the factors in europe are still the same france is pretty much behaving like it behaved one hundred fifty years ago england is behaving that way. russia will see but one country that has really changed and they mean there is this guilt complex we can say it openly still from world war two and we believe if we
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just give up sovereignty and german interests we will have europe but that is a little the jumpers a little softer so to say i mean less germany doesn't mean more europe. if germany has viking ships it should use them to create a stronger europe but i doubt that we do it by creating by supporting an unsustainable arrangement was the euro as it is by doing a fiscal pact which is basically strangulating european economy so in that sense germany should indeed assert european interests i would say more strongly that sorry to interrupt you what are these bargaining chips the bargaining chips are not many anymore and we gave one away again which is the yes and which is i mean still european increase in the capital of the years still requires. a scent of parliament
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and so on but parliament really is lame parliament a sense because the major parties in coalition government and outside always agree to stock up the capital so there's an encroachment upon sovereign budgetary rights and the parliament is not defending those but basically that's the last bargaining chip our sovereign budgetary rights i just clarify there by e.s.m. we mean the european stability mechanism not say a pox whereby all the countries put money in and it's given out to those countries that need it most will not work in europe and yes the years and missed a big part european money will be distributed somewhat like the. i.m.f. and it should the money should flow to countries and problems. under certain conditions at this point how it's constructed we give ever more money to that as a result saving solving their problems. and the money is just flowing and basically exacerbating a prolonged prolonged the current unsustainable situation now german chancellor
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angela merkel's always been a big supporter of the eurozone saying it must stick together is there a chance that german fiscal decisions are being made based on political decisions because looking ahead to the elections will be taking place here next year well marked with the case is very much listening to the other countries at some point in december two thousand and three and sarkozy is said after the consummate response to leave it can leave we're prepared but there was a shard shot blink of truth but the dogma is europe has to stay together and it's basically a dogma based on wrong premises to blackmail germany to blackmail the novena countries for the benefit of large financial institutions for the benefit of what i call financial oligarchy for the benefit also of course of the southern countries and the elites in the countries but wouldn't
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a greek exit from the eurozone be devastating for germany economically germany would be heavily affected if it left the eurozone that's why almost nobody is for it in germany it would be extremely costly once again but so far in history every monetary union at some point has come to an end if there was no political union so this union will come to an end but it will be way in the future so the pain is not big enough so you suggesting that a political union could be what's needed to save the monetary union. i'm a firm believer in the fact that germany should play its strength more actively should have a more active stance in the negotiations but also as most germans are really dream of a united states of europe but then we have to start with a parliament that it's worth it it's name a government that is elected by the parliament not a commission we have to start putting together the true parts of high politics like
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defense security those things have to be integrated and we can of principle of subsidiarity for economic policy so right now we're building a technocratic euro for the benefit of certainly leads for the benefit of the political elite for the benefit of the financial elite which is not really a citizen to europe so you're suggesting that germany should lead the way in convincing countries that would be in this united states of europe to essentially give a sovereign rights germany cannot lead by itself this german french tunde has to work it's a difficult time them and i'm not sure we can really make it work but even sarkozy and merkel have learnt to work together but martin has been to yield ng so i'm not sure how the french of in tandem will work once romney becomes a bit more assertive. points to basic things that have to be done but without french german cooperation on this it will not happen just one last question in the
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past you've predicted doom and gloom for the eurozone to predict its future right now right now i'm predicting that this unsustainable and to some extent pretty bad sort of just going to continue nobody has the power in the world to really solve it but everybody is of course concerned not to read let it disintegrate so i predict more bickering more economic hardship more muddling through for at least another two years because the e.c.b. is printing money like crazy so we're going to sustain an unsustainable state of affairs for another two or three years you make it sound like a failing marriage. it's certainly a quiet failing marriage were problems have not given up on each other yet. looking to the future their doc to offer a pleasure to speak to thank you very much michael it's a. mission
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donned a hearty dot com you. get are sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else you hear or see some other part of it and realize that everything you thought you knew you don't know i'm tom harkin welcome to the big picture.
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lebannon in flames violent protests are a jot into the night across the country with several demonstrators killed after the funeral of the slain security chief. dozens killed as the former stronghold of moammar gadhafi sees another assault by pro-government militia a year after the western backed libyan revolt we talked with one man whose family is trapped in the procedure city. of war in kuwait city more than a hundred people wounded in clashes as police fire rubber bullets and tear gas on demonstrators angry a new amendments to voting laws. sports next with kate stay with us.
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hello and thank you for joining me for the sports and hear all the top stories. big battles does not remain to regain second spot of the winter time caught and state good as the top sides keep up the pressure on leaders on in the russian premier league. while moscow epic caroline wozniacki tribes in another three set marathon to overcome some studies at the kremlin cup. and putting up dani pedrosa wins a range shortened malaysian motor g.p. cut their ends i was over all the eight to twenty three points with just two races to go. but first let's kick off with four board says go back to within just two points of leaders and after winning two nil at home to ten man rubin to lead from back into second place in the russian premier league there's going mistry i guess
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they do do india and akhmed muso made up for his absence up front so chances came and went begging for the nigeria forward in the first half then with twenty minutes to go the feet footed twenty year old and got a penalty even marcano was the guilty man and sweden midfielder rasmus elm made no mistake to not chop his first goal for the army men and marcano soon saw a straight read off challenge on keisuke honda. finally got his name on the scoresheet after latching on to alexander sound as poss to complete the two no scoreline eight minutes from time. while in the early kick off igor lever denko volatile in jos a modest ceo's cross midway through the second half to end high flying to wreck one know when it's on call is the chance night picked up their second straight victory and finished the day thirty four points adrift of energy. elsewhere alexander coren was the hero for dinner imo moscow as the russians strike. netted
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both goals in their two one win at second bottom although via the twenty one year old first beekeeper at the meeting about to the far post just six minutes in however is that early strike with counsel that of the loose long walk on the chin slotted home a controversial recycling penalty with often hour left. but according swiftly headed home across by jack as damp addressed charges moved up to twelve and that they point to fear of the relegation zone. while those blocking our teeth and now winless in three matches after the rel way men were held to a goal that stuart struggling astafy haven't won in full. one on saturday leaders and he came back to him to want to take him to ten rounds by attacking after the visitors conceded a stoppage time only go one spot that took the lead ten minutes before half time through we'd feel that the year dean of butts a yellow card either side of the interval for kill can bought off the visitors with
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ted and the scene a try or equalized through the second home. with a draw looking imminent and injury time free kick resulted in find the heading into his own that to ensure one two one and remain unbeaten in sixteen games time one hundred their second straight defeat. won elsewhere double defending champions anita false following a one zero win at home to combine exam go to coffee netted from the penalty spot on the stroke of half time to claim his seven scholes of the campaign was in the press for more in the second hof but fifty million dollar man holt powerful free kick from long range went just wide what fellow record signing x. over the ball off the twenty five points adrift of the design. and cross it off two places to ninth after two goals in the last eighteen minutes gave the home side a two no victory over long you're going to ship it's in not even the first off the ball rebounded off the post. we brought it home following
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a quarter to ensure the home side took all three points on your remaining two points clear of the drop saying. that in england this sunday december voz later sunderland snatched a one one draw against a ten man u. castle in the northeast darby hunk i had opened early on but likewise then soon had to change the second tell while rock bottom q.p.r. also drew one one within for better to do also have steven pienaar dismissed on the our junior for let's early made no rangers was then counselled by keep their cheerios as our own goal. when i started a substitute and in jacko scored a late brace's ten man manchester city snatch a two one win at west brom where you rarely netted an own goal but also struck twice as manchester united stoke four to norwich stunned arsenal one nil for their first win of the season and chelsea state unbeaten of the top after one second half double helped them win
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a thrilling london darby for two top men. in the second. i was feeling. confident some momentum which we knew we had to write the brother you know the first time to see me. perform that i think for the rest was to be very much more to see if we wanted to impose a no show some women should do so who have to go. now moving on to tennis and former world number one caroline wozniacki triumphed in yet another gruelling three setter to beat some stones and lift the kremlin cup that day and cruised through the first set six two but the australian top seed for back in the second to take that six pool and it was a close affair in the decider before wozniacki converted have second match point to edge that seven five and lift the cup to her second title of the season and the twenty two year old could also break back into the world's top ten should she win the tournament of champions which gets underway in bulgaria later. month austar is
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that hasn't trained a title since her victory at the u.s. open last year. both prover well on. such a good for her them sly's has some. different things to serve the other players start you know the serve place more kind of tennis which makes it difficult with the spin and everything but i was very pleased about there were handled everything out there. now it's a motor sport and done it but very sad has won a rain shortened malaysian grand prix to cut the gap to merge a g.p. leader jorge lorenzo to twenty three points with just two races to go and surendra downfall forced the organizers to red flag the race after thirteen full laps but not before six riders including italy's and where the physio so and cal crutchlow of great britain had all crashed out then lorenzo who started on pole narraway avoided a crash on a tricky turn when already behind pedrosa so the race was called off and was
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awarded all twenty five points the honda rider now trails lorenzo by twenty three with a total of fifty available in the two remaining outings while at going champion casey stoner completed the podium at the supreme circuit. to me love to go but anyway i'm really really hobby today it's my food is there any way we need it. and finally on to the ice where reigning champions do not i must go remain top of the k h l alexander ovechkin and his teammates have won nine out of the last ten games but it wasn't only dilemma of the last seven days so sit back and enjoy the pick of the week.
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that's nice but. to build a. mission to teach me the creation of. this is why you should care only.
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because. ex hostages bloodless into their lives after the tragedy. still gives try to cross out the past. because their future will yet be written. surviving terrorism ten years on r.g.p. . russia would be soon which brightened if you knew about someone from finest impressions. moves for instance on t.v. dot com. will there be
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a war on iraq china friend or foe is missile defense offensive where to stop us in action up close october twenty second on march. well. science technology innovation all the same elements from around russia we've dumped those huge earth cupboard.
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